13
BUSINESS
Higher-Education Faculty
Assignment Cover Sheet
Subject
Business Research
Subject Code and Group
_H16008 Group1â–¡Group 2 â–¡Group3 â–¡Group 4 â–¡
Lecturer
Assignment Title
Advantages and disadvantages of Cloud Computing
in Business (Literature Review)
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CEM 2017
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Melbourne - 185 Spring Street, Melbourne Australia 3000, Telephone: +61 3 9662 2055, Facsimile: +61 3 9662 2083 Sydney - Level 6, 91 York Street, Sydney Australia 2000, Telephone: + 61 2 9299 1400, Facsimile: +61 2 9299 0211
Holmes Commercial Colleges (Melbourne) Ltd ABN 50 005 085 585 Email:
[email protected] Website: www.holmes.edu.au
RESEARCH
PROJECT
ASSIGNMENT #1
TITLE: Advantages and disadvantages of Cloud Computing in Business
SUBMITTED TO
……………………………
MASTER IN PROFESSIONAL ACCOUNTING
1. Executive Summary
The purpose of this report is to present an overview of Cloud Computing technology, to analyse the role of Cloud Computing in Business and to elaborate how this fast growing technology has influenced our business perspectives. The study focuses on the benefits and hazards of this technology and its potential future impact on our business trends. The relationship between cost and security is explained in detail. The cost and security of cloud technology is directly related and varies over the space between different countries across the time. The literature review of report constitutes the background of the researched title and also elaborates research gaps. The research gaps include limited research on security aspects and incorporation of cost based effectiveness in privacy of data. Third research gap establishes that there is limited academic literature on personal cloud facility. These research gaps explain that there is need for research in desired field.
Table of Contents
1.0 Introduction 3
2.0 Project Objective 4
3.0 Project scope 5
4.0 Literature review 6
4.1 Importance of Cloud Computing 7
4.2 Disadvantages of Cloud computing 8
4.3 How to get rid of disadvantages 8
4.4 Impact on Business 9
4.5 Relationship between cost and security in cloud computing 11
4.6 Research gaps 11
5.0 Conclusion....................................................................................................................... 12
6.0 Reference List 12
7.0 Appendices ..................................................................................................................................................................13
TITLE: Advantages and Disadvantages of Cloud Computing in Business
1. Introduction
Cloud refers to Internet and Computing means working on computer. Cloud Computing is a technology in which we can access all the on demand computing resources on our computer system through internet by paying for them. People can access many types of software just online without installing them on their system. Companies may run their services over the cloud without wo
ying about storage space available with them.
Purpose of this report is to analyse the importance of Cloud Computing in business. The research analyses all the areas where cloud computing is important, and investigates how the advent of technology has changed the business world. The report elaborates the advantages and disadvantages of cloud technology in business, providing relevant examples from real life.
To understand the report we need to be familiar with technical terms like SaaS (Software as a service), PaaS ( Platform as a Service), IaaS (Infrastructure as a Service), Virtual Private cloud, Public cloud, encryption techniques and API keys. We need to have sufficient idea of Internet and Storage devices in Computer.
2. Project...